Turkmenistan: Dry Peas Market 2020

Dry Peas Market Size in Turkmenistan

The revenue of the dry peas market in Turkmenistan amounted to $X in 2018, reducing by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, the dry peas market reached its maximum level at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Dry Peas Production in Turkmenistan

In value terms, dry peas production totaled $X in 2018 estimated in export prices. Over the period under review, the total output indicated a measured expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, dry peas production decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, dry peas production attained its peak figure level at $X in 2013; however, from 2014 to 2018, production remained at a lower figure.

Average yield of peas (dry) in Turkmenistan stood at X ton per ha in 2018, flattening at the previous year. Over the period under review, the dry peas yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when yield increased by X% against the previous year. Over the period under review, the dry peas yield attained its peak figure level in 2018 and is likely to see steady growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the harvested area of peas (dry) in Turkmenistan stood at X ha, increasing by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2015 when harvested area increased by X% y-o-y. The global dry peas harvested area peaked in 2018 and is expected to retain its growth in the immediate term.

Dry Peas Exports

Exports by Country

In 2018, Canada (X tons) represented the major exporter of peas (dry), committing X% of total exports. Russia (X tons) took the second position in the ranking, distantly followed by Ukraine (X tons) and the U.S. (X tons). All these countries together took approx. X% share of total exports. The following exporters - France (X tons), Australia (X tons) and Lithuania (X tons) - each recorded a X% share of total exports.

Exports from Canada increased at an average annual rate of +X% from 2007 to 2018. At the same time, Lithuania (+X%), Russia (+X%), Ukraine (+X%) and Australia (+X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, France (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. While the share of Russia (+X p.p.), Canada (+X p.p.), Ukraine (+X p.p.), Lithuania (+X p.p.) and Australia (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest dry peas supplier from Turkmenistan, comprising X% of global exports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of global exports. It was followed by Russia, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Canada totaled +X%. In the other countries, the average annual rates were as follows: Ukraine (+X% per year) and Russia (+X% per year).

Export Prices by Country

In 2018, the dry peas export price in Turkmenistan amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the dry peas export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Dry Peas Imports

Imports into Turkmenistan

Dry peas imports into Turkmenistan stood at X tons in 2018, dropping by -X% against the previous year. Over the period under review, dry peas imports continue to indicate a moderate contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, dry peas imports attained their maximum at X tons in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, dry peas imports stood at $X in 2018. Over the period under review, dry peas imports continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. In that year, dry peas imports reached their peak of $X. From 2009 to 2018, the growth of dry peas imports remained at a lower figure.

Imports by Country

In 2018, India (X tons) was the main importer of peas (dry), constituting X% of total imports. China (X tons) ranks second in terms of the total imports with a X% share, followed by Spain (X%) and Bangladesh (X%). The following importers - the U.S. (X tons), Germany (X tons), Pakistan (X tons), Belgium (X tons) and Italy (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to dry peas imports into India stood at +X%. At the same time, Spain (+X%), the U.S. (+X%), China (+X%), Pakistan (+X%), Germany (+X%), Italy (+X%), Bangladesh (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of India, China, Spain, the U.S., Germany and Pakistan increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported peas (dry) into Turkmenistan, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual growth rate of value in India amounted to +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

In 2018, the dry peas import price in Turkmenistan amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the dry peas import price continues to indicate a slight deduction. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. In that year, the import prices for peas (dry) attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for peas (dry) remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was India ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform